Pakistan-based online money management platform SadaPay and Mastercard have announced the launch of numberless, contactless-enabled cards in the Middle East & Africa region to allow users to transact in simpler, faster and more secure way.
This will further strengthens Mastercard’s commitment to promote financial inclusion in emerging markets and encouraging the adoption of secure digital payment methods. The launch of the numberless card is the first implementation of Mastercard’s Digital First program in Pakistan and the wider MEA region.
The new offering has been designed to provide SadaPay users with a safe and simple way to transact both online and offline. The physical version of the card is completely numberless, both front and back, thus providing ultimate protection from the prospect of theft of personal and financial information.
Despite being a numberless card, cardholders can still use it easily to make e-commerce payments as their card details are safely stored within the SadaPay app.
Ngozi Megwa, Senior Vice President, Digital Partnerships MEA, Mastercard, commented:
“Our focus is to deliver a safe and secure digital experience to all cardholders. Mastercard is a trusted partner that enables issuers and merchants to leverage technologies such as the numberless cards to ensure safety of e-commerce and over-the-counter transactions in order to protect consumers and merchants against fraud. We are truly excited to be launching the first numberless card in Pakistan and the MEA region in partnership with SadaPay. We continue to partner with digital players across the region to launch exciting digital solutions and share innovations to advance financial inclusion, bringing us closer to a world beyond cash”
Brandon Timinsky, Founder and CEO of SadaPay, commented:
“SadaPay takes the security of its customers very seriously and it is in that spirit that we have brought an innovative regime like numberless cards to Pakistan. Our users will now be able to make online and offline digital payments in the most secure way possible. We are also working to bring even more innovative ideas to the market all in the pursuit of customer delight. This is just the start and we’re glad to be working with Mastercard to really explore the true potential of a financially included Pakistan”
